following the slump points to the accommodation of the shock by the ECB, concurrent with the implementation of the Quantitative …

subsequent impact on the relative energy price, which varies depending on the type of shock. Our results suggest that, in order …

find that an adverse oil supply shock has a negative effect on stock prices when oil inflation is low. In contrast, this … rates encourage firms to get highly leveraged. A negative oil shock in this scenario leads to a substantial increase in … shock, ameliorating the impact on the stock market. …

international to domestic energy prices decreases from 1% to virtually zero in response to a shock rising real oil prices by 10 …

We study the impact of oil price shocks on US stock market volatility. We derive three different structural oil shock … structural VAR models, one for each oil price shock. Identification is achieved by assuming that the price of crude oil reacts to …